Boosted by the $12.6bn Global Strategic Investment Alliance, the infrastructure asset class raised almost $50bn last year.
Oaktree Capital will invest 87.5% of the equity needed for the construction of Footprint Power’s natural gas-fired power plant in Salem, Massachusetts.
Solar company Brite Energy has partnered with MYSolar IX, co-owned by a Morgan Stanley subsidiary and Main Street Power, to launch a residential solar programme.
The advisory firm has continued to build its team in the Middle East with the promotion of Andrew Jeffery to lead infrastructure and capital projects.
Access Infra Africa is being billed as ‘the largest privately funded vehicle of its kind’, targeting a $500m project pipeline.
The fund manager will deploy the latest series of its European Direct Investment Fund to acquire the Sweden-Denmark commuter line.
.jpg "Indonesia sets up Land Bank to boost infra plans")
Indonesian President Joko Widodo has put forward a plan to set up a “land bank” to support his infrastructure reform framework.
The $12.5bn public pension fund has approved a $75m commitment to IFM Investors’ Global Infrastructure Fund.
Haroun van Hövell joins the US firm from Riverstone Holdings, where he focused on managing exploration & production and midstream investments.
Mirova’s third renewable energy fund had already held a first close last summer on €75m.
The Singapore trade agency has deployed a team of 25 experts to design plans for the capital of India’s eighth largest state.
Google, along with Prudential Capital Group, is providing $157m in financing for the construction of Red Hills, a 104MW solar power plant in Utah.
Macquarie’s corporate advisory division will pay €720m for a 49.89% stake in Baltic 2, an offshore wind farm in Germany.
Eiffage, through a 25-year concession to build and maintain West Africa’s first toll road PPP, will receive an additional €50m from a group of domestic and multilateral lenders.
While attractive deals will be strongly competed for, investors will remain lucid enough to not pay over the odds, says CMS’s Andrew Ivison.